Legislative Issues

Public Debt

Many parts of Texas are growing at a remarkable pace, and counties are building the infrastructure needed to facilitate and sustain the state’s robust economic development. Counties, cities and school districts all issue debt to build jails, parks, roads, schools, streets, water and wastewater treatment systems and other public facilities. Local taxpayers—not the state government—voted for these projects in their communities, and to issue the bonds and pay them off.

Related Articles

County Magazine, Dec 5, 2014
In Texas, all public securities issued by local debt issuers — such as counties — must be approved by the Public Finance Division of the Office of the Attorney General and registered with the Texas Comptroller of Public Accounts...